QUESTION 9 Use the table below to answer the following questions (Choose only the letter) Periods 1 2 3 4 5 Observations
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QUESTION 9 Use the table below to answer the following questions (Choose only the letter) Periods 1 2 3 4 5 Observations
QUESTION 9 Use the table below to answer the following questions (Choose only the letter) Periods 1 2 3 4 5 Observations 24 34 36 37 41 44 6 7 45 Q1: By using naïve seasonal model and trend estimate, forecast period 8 A) 41 B) 39.25 C) 37.3 D) 44 Answer Q2: Calculation of the forecast error for period 7 according to the simple average method A) 9 B) 1 C) 36 D) 44 Answer 03: Use the exponential soothing technique with smoothing constants of 0.3 to forecast for periods 3 (The initial value - The First value A) 36 B) 24 C) 27 D) 44 Answer